• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
FinanceTesla

Asana CEO calls Tesla the next Enron and says Elon Musk has misled customers

Will Daniel
By
Will Daniel
Will Daniel
Down Arrow Button Icon
Will Daniel
By
Will Daniel
Will Daniel
Down Arrow Button Icon
April 29, 2024, 2:12 PM ET
Photo of Elon Musk
A feud between Elon Musk (above) and Dustin Moskovitz just reached a new level of rancor.Taylor Hill—Getty Images

Asana CEO Dustin Moskovitz has been a critic of Elon Musk and Tesla for years, but his latest jabs at the billionaire CEO and his EV giant were a bit more pointed than usual.

Recommended Video

“I know I sound crazy to most people who don’t follow $TSLA closely but at this point it really needs to be said. This is Enron now, folks,” he wrote in a Thread on Friday. “It may keep going, but people are going to jail at the end.”

Moskovitz’s comparison of Tesla to Enron, the Houston-based energy-trading and utility company that went bankrupt in 2001 after one of the biggest accounting scandals in history, is serious, to be sure. Enron used fraudulent accounting practices to overstate its revenues by 95%, but it took years for regulators to discover the scandal. Fortune’s Bethany McLean was the first to raise questions about Enron in a March 2001 article, ultimately leading to the company’s downfall.

While Musk and Tesla have not been accused of overstating revenues, Asana’s Moskovitz alleges they are outright lying about their full self-driving technology (FSD). “The data is presented in fraudulent ways, and it doesn’t say what they claim it says even when they make it up,” he wrote. “Tesla has committed consumer fraud on a massive scale, from lying about FSD, ranges, and (recently, unconfirmed!) even inflating odometers…also securities fraud.”

Representatives for Asana and Tesla did not immediately respond to Fortune’s request for comment on Moskovitz’s claims. However, Musk responded to Moskovitz on X.com on Friday. “What a retard,” he wrote, following that up with: “I’d like to apologize to Dustin Moskowitz [sic] for calling him a “retard.” That was wrong. What I meant to say is that he is a pompous idiot whose his head is so far up his own ass that he is legally blind. I wish him the best and hope that someday we can be friends.”

Moskovitz cofounded Facebook before starting the work management software company Asana in 2008 and has become a prominent critic of Musk in recent years. The tech entrepreneur believes Musk has overpromised when it comes to Tesla EVs’ range and technology advantage over competitors, duping investors and his employees. Moskovitz, who has been a major donor to the Democratic Party in the past, is also a critic of Musk’s politics, even calling on the Tesla CEO to resign after he called an anti-Semitic post “the actual truth” last year.

This time, Moskovitz pointed to irregularities in a graph that detailed miles driven by Tesla’s full self-driving technology in the company’s first-quarter earnings call, labeling it “fraudulent.”

“The graph Tesla AI released yesterday was manipulated to show an exponential growth trend,” he argued, adding that this likely was done to support Tesla’s robo-taxi announcement. Earlier this month, Musk announced that Tesla will reveal its robo-taxi at an Aug. 8 event, and teased a ride-sharing function in Tesla’s app. 

Musk and Tesla certainly have a long history of making predictions that turn out to be, at the very least, a bit premature, particularly when it comes to self-driving. Back in 2015, Musk told Fortune that Tesla’s cars would have level 4 autonomy, which would allow for unmonitored self-driving, in two years. In 2019, the billionaire CEO followed up that prediction by saying that he was “very confident” there would be 1 million fully autonomous Tesla robo-taxis on the road by 2020. While Tesla made immense progress on its self-driving tech since 2015, today the company only has a level 2 autonomous driving system, which means the car can control some functions, but the driver still must have hands on the steering wheel. 

Tesla has also faced legal challenges because of some of its full self-driving claims recently. Attorneys from Pomerantz LLP alleged that Tesla’s tech is a fraud in a case filed in federal court in California this month. The attorneys claim that Tesla tricked investors by overselling its full self-driving software, exposing them to regulatory risk and reputation harm due to the threat of accidents or injuries. The lawsuit comes after the California Department of Motor Vehicles accused Tesla of false advertising in regards to its full self-driving technology.

For Moskovitz, Tesla’s history of making dubious claims is just an example of why investors should maintain a healthy amount of skepticism. “And I guess just a PSA to investors out there: You only get eventual justice with the SEC, if you even get that. You shouldn’t assume you’re being told the truth by any of these public companies,” he wrote. “We tell the truth at Asana, but empirically that is not true of other companies and I don’t know anymore how to tell which is which.”

About the Author
Will Daniel
By Will Daniel
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Best certificates of deposit (CDs) for May 2026
Personal FinanceCertificates of Deposit (CDs)
Best certificates of deposit (CDs) for May 2026
By Glen Luke FlanaganMay 29, 2026
4 hours ago
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
PoliticsRussia
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
By Jason MaMay 29, 2026
5 hours ago
Mid adult real estate agent talking to couple at a house for sale
Real Estatehomebuying
Pandemic relief funds accidentally broke the housing market by helping scammers inflate local home prices nearly 6%, study finds
By Tristan BoveMay 29, 2026
6 hours ago
donald trump
EconomyImmigration
Immigration restrictions don’t boost native workers. They cut economic mobility for generations, study finds
By Jake AngeloMay 29, 2026
6 hours ago
dimon
SuccessGen Z
Jamie Dimon tells Gen Z to ‘learn how to think, learn how to earn respect’ as he describes ‘great meeting’ with Zohran Mamdani
By Nick LichtenbergMay 29, 2026
7 hours ago
The AI arms race in cybersecurity has started. Most companies aren’t ready
Cryptocyber
The AI arms race in cybersecurity has started. Most companies aren’t ready
By Philip MartinMay 29, 2026
7 hours ago

Most Popular

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
3 days ago
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
8 days ago
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
Success
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
By Emma BurleighMay 28, 2026
1 day ago
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
2 days ago
Current price of oil as of May 28, 2026
Personal Finance
Current price of oil as of May 28, 2026
By Joseph HostetlerMay 28, 2026
1 day ago
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.